Health and Disability Coverage Sample Clauses

Health and Disability Coverage. Upon the occurrence of a Termination, all health and disability, provided to EMPLOYEE immediately prior to the Termination, shall continue to be provided by MEEMIC, at its sole expense, until EMPLOYEE has become reemployed with coverage; provided, however, MEEMIC shall not be required to continue such coverages for more than twelve (12) months following the effective date of the Termination. It is expressly agreed and understood that EMPLOYEE's rights to purchase continuation coverages under Section 601 ET SEQ. of the Employee Retirement Income Security Act ("ERISA") shall not be abridged in any manner by the continuation of coverages under this Agreement.
Sample 1
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Health and Disability Coverage a. For seniority employees and their eligible dependents (includ- ing, but not limited to, step-children and same-sex domestic partners), the Employer agrees will continue to provide health coverage under the UPS Health and Welfare Package (Plan 524) and associated Summary Plan Descriptions (SPDs/SMMs) in effect as of December 14, 2001, which are in accordance with the standards set forth in the Xxxxx Award, except as specif- ically modified in this Article. The aforementioned provisions and coverage for active employees set forth in this Article shall continue with no contribution from the employees with the same deductibles, unless noted otherwise herein. Funding shall be provided under the related trusts established by the Employer for these purposes. Eligible retirees who were former full time employees, spouses, and eligible dependents will also be pro- vided coverage as outlined in the UPS Health and Welfare Package for Retired Employees (Plan 525) and associated Summary Plan Descriptions. with no increase of contribution from the employee for the term of this Agreement. Retirees with current retiree coverage will also have the option to main- tain coverage under the UPS Health Care Package for Retirees (Plan 509) shall maintain coverage under Plan 509. This shall be a one-time option which shall be made within sixty (60) days of ratification. b. Plan benefits will be maintained at levels no less than those specified in the SPD and other related documents provided to the Union on December 14, 2001 or as amended in this Agreement and shall remain in effect throughout the term of this Agreement. Should it become necessary to adjust the benefit level during the duration of this Agreement, the Company shall meet with the Union to negotiate any change as required under the terms of the Railway Labor Act. The Plan will maintain the availability of retiree coverage at age fifty-five (55) with, at least, ten (10) years of Company, parent, or affiliate service for active or furloughed employees on the payroll as of 10-08-02. on the date of ratification. In no event will the UPS Health and Welfare Package be changed to prohibit an employee from using an out-of-network provider nor will an employee be required to use an HMO either exclusively or as the only in-net- work provider. Utilization of any out-of-network provider or HMO will be at the employee’s option. c. The Employer shall provide for up to one (1) year health cover- age from the date of the disabili...
Sample 1
Health and Disability Coverage a. The Company agrees to provide health coverage as outlined herein to crewmembers who are covered by this Agreement including newly hired crewmembers on the first day of their active employment and to eligible retirees who were, formerly crewmembers. Active crewmembers and those on approved leaves of absence who are eligible in accordance with Article 9 Section N. will be provided coverage as outlined in the UPS Crewmembers Benefit Package. Eligible retirees will be provided benefits as outlined in the UPS Crewmembers Benefit Package for Retired Employees. Benefits will be maintained at levels outlined in these two programs throughout the term of this Agreement. Under the UPS Crewmembers Benefit Package, effective January 1, 2017, active eligible crewmembers will be provided for the term of this Agreement: (1) At least four (4) levels of health care coverage: Option 0 - No Coverage, (by the selection of the crewmember, no health care coverage provided by UPS) Option 1 [the Flex HSA plan], Option 2 [the Preferred Provider Organization (PPO) plan], Option 3 the Traditional Indemnity Plan for areas where Option 1 the Flex HSA plan and the Option 2 PPO Plan are not available. (2) At least four (4) levels of dental coverage: Option 0 by selection of the crewmember, no dental care coverage provided by UPS, Option 1 PPO Dental, Option 2 Limited Dental providing a lower level of dental care benefits than dental Option 1, or Option 3 traditional indemnity coverage. (3) At least two (2) levels of vision care coverage: Option 0 – Exam Only, Option 1 - Exam Plus Glasses or Contacts. (4) Prescription benefits will continue to be provided by Express Scripts/Medco. b. On an annual basis eligible crewmembers will have the option of deciding their level of coverage (health, dental, vision option) for the succeeding year. The contribution, if any, due from the crewmember or credit due to him will be as specified in Section G. below. Pursuant to the Affordable Care Act (ACA), there is no lifetime maximum. If the ACA is ever repealed or modified to eliminate the requirement of an uncapped maximum, the lifetime maximum for crewmembers, and any eligible dependents covered under the UPS Crewmembers Benefit Package will be two million dollars ($2,000,000) each, with annual restoration as specified in the SPD. Crewmembers who become eligible for health care coverage when they first begin employment will receive Option 1 Flex HSA Medical, Option 1 Dental (the Aetna Dental PPO netw...
Sample 1

Related to Health and Disability Coverage

  • Optional Life and Disability Coverages In order for coverage to become effective, the employee must be in active payroll status and not using sick leave on the first day following approval by the insurance company. If it is an open enrollment period, coverage may be applied for but will not become effective until the first day of the employee's return to work.

  • Death and Disability (a) The Employment Term shall terminate on the date of Employee’s death, in which event the Company shall, within 30 days of the date of death, pay to his estate, Employee’s Base Salary, any unpaid bonus awards (including any bonus award for a plan year that has ended prior to the time employment terminated where the award was scheduled to be paid after the date employment terminated), reimbursable expenses and benefits owing to Employee through the date of Employee’s death together with any benefits payable under any life insurance program in which Employee is a participant. Except as otherwise contemplated by this Agreement, Employee’s estate will not be entitled to any other compensation upon termination of this Agreement pursuant to this subparagraph 8(a). (b) The Employment Term shall terminate upon Employee’s Disability. For purposes of this Agreement, “Disability” shall mean that Employee is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. For purposes of determining Employee’s Disability, the CEO may rely on a determination by the Social Security Administration that Employee is totally disabled or a determination by the Company’s disability insurance carrier that Employee has satisfied the above definition of Disability. In case of such termination, Employee shall be entitled to receive his Base Salary, any unpaid bonus awards (including any bonus award for a plan year that has ended prior to the time employment terminated where the award was scheduled to be paid after the date employment terminated), reimbursable expenses and benefits owing to Employee through the date of termination within 30 days of the date of the Company’s determination of Employee’s Disability, together with any benefits payable under any disability insurance program in which Employee is a participant. Except as otherwise contemplated by this Agreement, Employee will not be entitled to any other compensation upon termination of his employment pursuant to this subparagraph 8(b).

  • Life and Disability Insurance The Company will provide term life and disability insurance payable to the Employee, in each case in an amount up to a maximum of one times the Employee’s base salary in effect from time to time, provided however, that such amount will be reduced by the amount of any life insurance or death or disability benefit coverage, as applicable, that is provided to the Employee under any other benefit plans or arrangements of the Company. Such policies will be in accordance with the Company’s standard policies from time to time with respect to such insurance and the rules established for individual participation in such plans and under applicable law.

  • Long-term Disability Coverage New employees may enroll in long-term disability insurance by their initial effective date of coverage. Employees who become eligible for insurance may enroll in long-term disability insurance within thirty (30) days of their initial effective date as defined in this Article, Section 5C. An employee who is insurance eligible and moves from a temporary position to a permanent position will be allowed to enroll in long-term disability coverage within thirty (30) days of the event without providing evidence of insurability. The terms are the same as for employees who wish to add/increase during the annual open enrollment. During open enrollment only, an employee may purchase long-term disability coverage that provides benefits of from three hundred dollars ($300) to seven thousand dollars ($7,000) per month, based on the employee's salary, commencing on the 181st calendar day of total disability, and not subject to evidence of insurability but with a limited term pre-existing condition exclusion. Employees should be aware that other wage replacement benefits, as described in the certificate of coverage (i.e., Social Security Disability, Minnesota State Retirement Disability, etc.), may result in a reduction of the monthly benefit levels purchased. In any event, the minimum is the greater of three hundred dollars ($300) or fifteen (15) percent of the amount purchased. The minimum benefit will not be reduced by any other wage replacement benefit. In the event that the employee becomes totally disabled before age seventy (70), the premiums on this benefit shall be waived.

  • Accidental Death and Dismemberment Coverage An employee may purchase accidental death and dismemberment coverage that provides principal sum benefits in amounts ranging from five thousand dollars ($5,000) to one hundred thousand dollars ($100,000). Payment is made only for accidental bodily injury or death and may vary, depending upon the extent of dismemberment. An employee may also purchase from five thousand dollars ($5,000) to twenty-five thousand dollars ($25,000) in coverage for his/her spouse, but not in excess of the amount carried by the employee.

  • Accidental Death and Dismemberment Insurance The plan provides accidental death and dismemberment insurance coverage in an amount equal to your basic group life insurance (two times your current annual salary). Coverage is provided 24 hours per day, anywhere in the world, for any accident resulting in death, dismemberment, paralysis, loss of use, or loss of speech or hearing. If you sustain an injury caused by an accident occurring while the policy is in force which results in one of the following losses, within 365 days of the accident, the benefit shown will be paid to you. In the case of accidental death, the benefit will be paid to the beneficiary you have named to receive your group life insurance benefits. Benefits are payable in accordance with the following schedule: · Life · Both Hands or Both Feet · Entire Sight of Both Eyes · One Hand and One Foot · One Hand and Entire Sight of One Eye · One Foot and Entire Sight of One Eye · Speech and Hearing in Both Ears · Use of Both Arms or Both Legs or Both Hands · Quadriplegia (total paralysis of both upper and lower limbs) · Paraplegia (total paralysis of both lower limbs) · Hemiplegia (total paralysis of upper and lower limbs of one side of the body) · One Arm or One Leg · Use of One Arm or One Leg · One Hand or One Foot · Entire Sight of One Eye · Speech or Hearing in Both Ears · Use of One Hand or One Foot · Thumb and Index Finger of One Hand · Four Fingers of One Hand

  • Disability Coverage In the event a State employee goes on an extended medical disability, or is receiving Workers’ Compensation benefits, the Employer-policyholder shall continue at no cost to the employee the coverage of the group life insurance for such employee for the period of such extended leave, but not beyond two (2) years.

  • Accidental Death and Dismemberment The Employer agrees to provide all active full-time employees with Accidental Death and Dismemberment benefit coverage equal to one (1) times their annual earnings in case of accidental death. Coverage is also provided for other losses such as speech and hearing, use of arms and legs, etc.

  • Basic Life and Accidental Death and Dismemberment Coverage The Employer agrees to provide and pay for the following term life coverage and accidental death and dismemberment coverage for all employees eligible for an Employer Contribution, as described in Section 3. Any premium paid by the State in excess of fifty thousand dollars ($50,000) coverage is subject to a tax liability in accord with Internal Revenue Service regulations. An employee may decline coverage in excess of fifty thousand dollars ($50,000) by filing a waiver in accord with Minnesota Management & Budget procedures. The basic life insurance policy will include an accelerated benefits agreement providing for payment of benefits prior to death if the insured has a terminal condition. $10,000 - $15,000 $15,000 $15,000 $15,001 - $20,000 $20,000 $20,000 $20,001 - $25,000 $25,000 $25,000 $25,001 - $30,000 $30,000 $30,000 $30,001 - $35,000 $35,000 $35,000 $35,001 - $40,000 $40,000 $40,000 $40,001 - $45,000 $45,000 $45,000 $45,001 - $50,000 $50,000 $50,000 $50,001 - $55,000 $55,000 $55,000 $55,001 - $60,000 $60,000 $60,000 $60,001 - $65,000 $65,000 $65,000 $65,001 - $70,000 $70,000 $70,000 $70,001 - $75,000 $75,000 $75,000 $75,001 - $80,000 $80,000 $80,000 $80,001 - $85,000 $85,000 $85,000 $85,001 - $90,000 $90,000 $90,000 Over $90,000 $95,000 $95,000

  • Group Life and Accidental Death and Dismemberment (a) The Employer will pay 100% of the premiums for the group life and accidental death and dismemberment insurance plans. (b) The plan will provide basic life insurance in the amount of $50,000 and standard 24 hour accidental death and dismemberment insurance until age 65. At the age of 65 the amount of coverage will decrease to $25,000 until the age of 70, at which time the group insurance coverage will cease. Employees may purchase additional insurance provided this option is available by the carrier. The Employer will deduct the appropriate amount from the employee's pay for this option. (c) On termination of employment (excluding retirement) coverage for group life will continue without premium payment for a period of 31 days during which time the conversion privilege may be exercised; that is, the individual covered may convert all or part of their group life insurance into any whole life, endowment or term life policy normally issued by the insurer and the insurer's standard rates at the time, without medical evidence. (d) Employees will be entitled to advance payment of Group Life Benefits in accordance with Memorandum of Agreement #7 (Re: Advance Payment of Group Life Benefits).

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